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Convergence to agreement and the role of public information

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Dutta, Jayasri and Polemarchakis, H. M. (2014) Convergence to agreement and the role of public information. Mathematics and Financial Economics, Volume 8 (Number 4). pp. 399-404. doi:10.1007/s11579-014-0132-2 ISSN 1862-9679.

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Official URL: http://dx.doi.org/10.1007/s11579-014-0132-2

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Abstract

When states of the world are normally distributed, the sequential exchange and revision of beliefs converges to agreement in finitely many rounds of communication. Public information may reduce the information shared by individuals after the revision of beliefs.

Item Type: Journal Article
Subjects: H Social Sciences > HB Economic Theory
Divisions: Faculty of Social Sciences > Economics
Library of Congress Subject Headings (LCSH): Information theory in economics, Economics, Mathematical, Game theory
Journal or Publication Title: Mathematics and Financial Economics
Publisher: Springer
ISSN: 1862-9679
Official Date: September 2014
Dates:
DateEvent
September 2014Published
14 October 2014Available
27 September 2014Accepted
7 September 2014Submitted
Volume: Volume 8
Number: Number 4
Number of Pages: 6
Page Range: pp. 399-404
DOI: 10.1007/s11579-014-0132-2
Status: Peer Reviewed
Publication Status: Published
Access rights to Published version: Restricted or Subscription Access
Date of first compliant deposit: 28 December 2015
Date of first compliant Open Access: 28 December 2015

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